Tags for this video have been changed from 'big fall, mattress man, faux, pta' to 'big fall, mattress man, faux, pta, punch drunk love, philip seymour hoffman' - edited by bareboards2

A. Overly simplistic, and you're confusing to some degree what is Keynesian. A central tenant of Keynesian economics is counter-cyclical budget deficits. When there's a recession, the government should run deficits, and the larger the recession, the larger the corresponding deficit. That's been a non-stop, although admittedly abused, government policy since the Depression. Also, Keynesian economics had components in it for monetary policy as well. Keynes advocated for lower interest rates during times of recession along with increasing the monetary supply. Yes, he did believe that during more severe recessions that monetary measures would not be enough, but he nevertheless advocated for the various monetary policies. These align up with most recessions as far as what the gov't did from the Great Depression on. Just because Keynesian policies disappointed during the 1970's, the ideas were not altogether abandoned ever since. The simple fact of the matter is aside from 2007, there hadn't been a particularly severe recession since the 1970s, so it's reasonable to assume that direct employment wasn't deemed necessary, not that it was seen as bad policy in all cases.

B. It happened to me by the hand of Microsoft. I'm pretty sure they didn't have flunky MBAs. ;-)

C. There are a lot of similar issues involved. My point was only that you can't just tie requirements to it, and that's that. There are a huge myriad of issues that would come hand in hand with stipulations to unemployment. Your idea is still something I'd be onboard with if those devils in the details were addressed. I do see as an example that some people become unemployed because of structural changes to the economy that causes their jobs to never come back. As a case in point, textile factory workers who lose their jobs due to offshoring are suddenly in a position where market forces have no remedy. They lack the skills to get jobs in areas of growth such as more in depth computer skills, and likely lack the financial resources to get the education and training to get said skills because they're unemployed. This is a perfect example in my opinion where the market and free trade fail from time to time, and some force, likely the gov't, needs to step in for the good of everyone. These people would benefit from retraining, so they can get a good job, business owners benefit from increasing numbers of workers who can do the jobs they're needing people to do, and it becomes a win win situation.

D. The last time we tried no deposit insurance, it failed miserably. Banks lent money for people to buy goods and services they couldn't afford, and stocks on the margin. People stuck their money in banks anyway. The only difference is when fear hit the market after the crash, a lot of people, many irrationally, pulled their money from banks, causing a collapse in the banking system, which tanked the entire economy even further.

People lack the time and/or motivation to stay informed on all kinds of issues from local politics, to PTA meetings. I don't see how they could begin to assess what loans their banks were making as far as riskiness. And the typical American when it comes to finances? Yikes! Next to no savings, can't understand how much they should be regularly investing, etc. And it's not just the stupid people. Most Americans don't even know what a mutual fund actually is. How could they possibly make intelligent decisions about the riskiness of their banks' portfolios? I consider myself smarter than the average bear, but even I'd be paralyzed with fear selecting a bank based what little info I could find of their portfolios. Instead, I make sure they're FDIC insured, because that in and of itself entails objective benchmarks to even get that insurance.

And honestly, I don't see many people making decisions about their banks based on rates alone. As a case in point, very few people I know put money in online high yield savings accounts instead of the local credit union, bank, or large megabank, despite the fact that in most cases online savings account providers such as ING Direct pay 2-3 times the interest. I don't believe that's what caused the madness in the banking industry at all. At the very least, there's a massive list of causes well above FDIC insurance, and even if FDIC insurance did play a role in causing the crisis, it also served well in preventing runs on the banks in general that would have compounded the crisis further.

>> ^bmacs27:

@heropsycho
A. Because we've been leaning on monetary policy as our intervention of choice. Direct employment has been called socialism for 30 years. That doesn't suggest a dominant Keynesian ideology. Really it's been this mix of monetarism and supply-side economics which morphed into some mutilated crony-capitalism.
B. I suppose it could happen, but it would take a rough business climate, or some flunky MBAs. In that situation I'd try to increase my business (i.e. make $200,000).
C. That's why we have food stamps. It isn't a perfect solution, but the kid starves if her folks spend the whole check on smokes too. Vices aren't the kind of "demand side" stimulus I'd like to see (one flaw in the Keynesian argument given the current living conditions of the American poor).
D. I really do believe that if the FDIC didn't exist, "the market" would not have allowed deposits to be leveraged by banks investing in exotic financial instruments. Like you said, even the bankers didn't know what the hell they were doing! Without the FDIC people would very quickly ask, "what the hell you doin' with my money?" Rather, since their money is backed by the government they ask, "what sorts of rates are you offering?" It's that pressure from the distorted marketplace that pushed banks into more and more leverage to stay competitive. Those rates were realized by making massively leveraged bets that were only possible by hedging with exotic instruments. Once upon a time people knew their banker. I think that's the best FDIC there could be. There might be some legal patchwork of the Glass-Steagall flavor that might make it work, but chasing down all the unintended consequences would be a challenge. Certainly figuring out how to unwind all the securitized mortgages that already exist makes that sort of policy direction seemingly prohibitive.
F-. Dude, Peter Schiff is a quack.

I don't know quite how to thank you for the galaxy of stars that I woke up to today. You made my day! Thank you SO much, the next hoedown...you're totally my date.

In reply to this comment by Boise_Lib:
Hahahaha I should have know.

Barn Dances, Ceilidhs, Hoedowns, Weddings, Private Parties, Fund Raising Events, PTA's

Next Barn Dance!

In reply to this comment by AdrianBlack:
Great idea!! Ok, you grab the tambourine and I'll get th...Ah crap.

In reply to this comment by Boise_Lib:
I always liked, The Bee's Knees. That could be the name of a band!

Hahahaha I should have know.

Barn Dances, Ceilidhs, Hoedowns, Weddings, Private Parties, Fund Raising Events, PTA's

Next Barn Dance!

In reply to this comment by AdrianBlack:
Great idea!! Ok, you grab the tambourine and I'll get th...Ah crap.

In reply to this comment by Boise_Lib:
I always liked, The Bee's Knees. That could be the name of a band!

7 more comments have been lost in the ether at this killed duplicate.

http://videosift.com/video/PTA-knockout

start with that one. no one is going to see that.

I sympathize with your POV, but while I have not always had the best textbooks in school, I have actually had a few outstanding history teachers that went way beyond the textbooks. So I can say I have had good history classes in grade school.

I agree that politicians should not make decisions about this type of curricula, but for as long as I can remember, this has been the case. And not only politicians, but most ignorant politicians of the lot -- locally elected, fundamentallist, Harper Valley PTA-like politicians.

The way I see it education is a heavily political domain, since many see its purpose as indoctrination.

>> ^NordlichReiter:

@<a rel="nofollow" href="http://videosift.com/member/longde" title="member since April 8th, 2009" class="profilelink">longde
When have you ever gotten good history in public schools, any cultures history? See the Texas School Board on history books to understand what I mean. These are people who aren't even Historians making decisions on what should be in History books.

I didn't know other ideas of the cause of WWI until I saw a comedian talk about the Assassination of Franz Ferdinand; or the idea that Oil played a role in WWI. I also did not know the real reason behind the "blowback" in Iran (which we are still seeing take place to this day); which was caused by what is now British Petroleum and the CIA (Which was known as the Office of Strategic Services) see Mosaddegh.
http://en.wikipedia.org/wiki/1953_Iranian_coup_d%27%C3%A9tat
The US cannot have effective history classes unless the truth is told. Truth be told half of our international (And Domestic. Don't forget about The Gulf Spill) problems are because of the need for Oil, but that is beside the point. My main argument is that teaching multiculturalism has the same problems as teaching true history.
What we are seeing in this Ethnic Studies law is the exact same shit we are seeing in Aron Ra's video above. Politicians should not be making decisions about what history should be taught. I would differ to Historians with PHDs from Major Universities.

Silly headline. I bet homeschooling is preferable to public schools in a lot of districts with idiotic PTA boards.

This video has been declared a duplicate; transferring votes to the original video and killing this dupe - dupeof declared by eric3579.

*dupeof=http://www.videosift.com/video/PTA-knockout

*dupeof=http://www.videosift.com/video/PTA-knockout

You saw Punch Drunk Love seven times in cinemas? Can you tell me why? I guess you were seeing something I missed because that movie was just sort of empty to me. I always felt it was a misfire by PTA. It certainly had a unique tone. I did love the interstitial bursts of colour and sound over a white screen.

Jared Leto was at my screening of Punch Drunk Love. Earlier in the day he was going up the escalator in front of me in Chapters (our version of a mega-bookstore), and I'm sure he was talking to Oliver Stone about Alexander on his earpiece.

The only movie I ever saw seven times at theatres? Attack of the Clones... by refilling my popcorn and having a smoke during certain sections (when Anakin and Padme take off to Naboo) it made for a decent distraction from the worst summer of my life. I also would often go to the movies at that point just out of habit, to smoke a joint in the parking lot and then mindlessly chew popcorn for a couple hours. I did this so much that I think I bought north of 70 movie tickets in 2002. I remember seeing so much shit I knew would be bad that year, like True Crime, Spyder, Spirit: Stallion of the Cimarron, Master of Disguise, Feardotcom, PowerPuff Girls, The Real Cancun (walked out of that one) that summer just because I had a compulsion to go sit in a darkened theatre. Looking back I really should have bought tickets to better movies if I was going to be going, the problem though is part of the compulsion was this specific white cheddar topping that was only sold at one chain of multiplexes, which showed only the most mainstream shit... aaaanyways I was just really wondering what you got out of Punch Drunk Love that would make you see it seven times. Did you find something there or were you just looking?

* Can you describe the feeling of community that you associate with VideoSift?

It's just a lot of wise-cracking and analysis that I can relate to, that's mostly on my level. Most of the people here are pretty well educated and very diverse. I just know I'd rather be a part of the Sift than of Liveleak or some of the other places.

* Is your level of activity on VideoSift similar to that of other communities you may be a member of (virtual or otherwise)?

I really don't post or participate any place else. I can't post videos worth a damn. I'll try to get on the ball again, but posting isn't my forte.

* What kind of community is VideoSift? E.g.: PTA, Scouts, high school, street gang, reading circle, sports team, merry pranksters, Shriners, neighborhood?

More of a guild. I see it as a group of disparate, educated professionals more than anything, and people who are aspiring to be educated professionals. And there's usually nothing stuffy about the place. I've noticed that it has its own mood that can go from embattled to collective, from insightful to silly, from erudite to gutter.

A few days ago there was this thing that happened where a lot of us changed our avatars around to Sarzy clones. Out of the blue. Funny as hell. We were suddenly a barrel full of monkeys.

* How would you compare the community atmosphere of VideoSift to that of other similar sites, such as Digg, StumbleUpon or YouTube? Or any other types of sites, forums or newsgroups you can think of?

I've been on other boards before, and the atmosphere there was very adversarial. It was usually dominated by a majority of dense conservatives who loved to harass the minority of liberals (called us "libscum") who were usually better spellers and better informed.

What I learned in that situation is that it is almost impossible to get in a debate and convince your opponent that they are wrong, but you can influence the people who are watching the thread to see your side of things.

Oh, I see you already said you're gonna use it in your sift talk. Ok fair enough, I'll answer your questions.

1. Can you describe the feeling of community that you associate with VideoSift?
Friendly place if you're in the cliques, however daunting to new members. Too many rules and powers distributed amongst members to be new user friendly.

2. Is your level of activity on VideoSift similar to that of other communities you may be a member of (virtual or otherwise)?
More so than others, but that is most likely due to the "Grind" feeling you get. I feel the need to level up to rank 250 for my channel.

3. What kind of community is VideoSift? E.g.: PTA, Scouts, high school, street gang, reading circle, sports team, merry pranksters, Shriners, neighborhood?
Raving Thundercunt Rapists.

4. How would you compare the community atmosphere of VideoSift to that of other similar sites, such as Digg, StumbleUpon or YouTube? Or any other types of sites, forums or newsgroups you can think of?
Their are a lot less registered users on VideoSift than Digg or Youtube. While its nice to have less outright retarded blabber, some of the members seem to have a sense of self importance.